Suite number:
Haddington
Project:
Address:
Toronto C04, Ontario
Developer:
Lanterra Developments
Property type:
condo
Floor plan:
Bathrooms:
2
Bedrooms:
2.5
Size:
1420 sqft
Occupancy Date:
Mar 2025
Price, CAD
$2,389,900
Available
ROI
Want to own a unit? —
Investment Period: 5 years
Yearly Return on Investment in Year 5
17.85%
Cumulative Return on Investment in Year 5
82.51%
Property Price at the End of Year 5
$3,079,000
Deposit Schedule
$5,000 at Signing
Total up to 5% in 30 days
$119,495
17% on Occupancy
$406,283
Net Gain (Loss)
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Property Price Appreciation
Investment Details (10-Year Period)
Income/Return
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| property price appreciation | $124,000 | $131,000 | $138,000 | $145,000 | $152,000 | $160,000 | $168,000 | $177,000 | $186,000 | $196,000 | $1,577,000 |
| rent income | $37,000 | $51,000 | $53,000 | $56,000 | $58,000 | $61,000 | $63,000 | $66,000 | $69,000 | $72,000 | $586,000 |
| mortgage principal reduction | $22,000 | $31,000 | $32,000 | $34,000 | $35,000 | $37,000 | $39,000 | $41,000 | $43,000 | $45,000 | $357,000 |
| deposit interest | $7 | - | - | - | - | - | - | - | - | - | $7 |
| gst hst rebate | $24,000 | - | - | - | - | - | - | - | - | - | $24,000 |
| total income return | $207,000 | $212,000 | $223,000 | $234,000 | $246,000 | $258,000 | $270,000 | $284,000 | $298,000 | $312,000 | $2,544,000 |
Expense/ Investment
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| deposit | $526,000 | - | - | - | - | - | - | - | - | - | $526,000 |
| remaining balance payment | - | - | - | - | - | - | - | - | - | - | - |
| closing cost | $133,000 | - | - | - | - | - | - | - | - | - | $133,000 |
| operating expense | $20,000 | $28,000 | $28,000 | $29,000 | $29,000 | $30,000 | $31,000 | $32,000 | $32,000 | $33,000 | $292,000 |
| mortgage payment | $90,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $120,000 | $1,167,000 |
| total expense investment | $769,000 | $147,000 | $148,000 | $149,000 | $149,000 | $150,000 | $151,000 | $151,000 | $152,000 | $153,000 | $2,118,000 |
Other
| Category | Y1 | Y2 | Y3 | Y4 | Y5 | Y6 | Y7 | Y8 | Y9 | Y10 | Total |
|---|---|---|---|---|---|---|---|---|---|---|---|
| net gain loss | -$561,701 | $65,000 | $75,000 | $85,000 | $96,000 | $108,000 | $120,000 | $132,000 | $146,000 | $160,000 | $426,000 |
| cumulative roi | $25 | $43 | $58 | $71 | $83 | $93 | $104 | $113 | $123 | $133 | $845 |
Glen Hill Condos
Address: Toronto C04, Ontario
Price Range: $1,401,000 - $6,658,000
Avail. suites: 30
1—4.5 bd
641—5000 SqFt